The leaders noted the two multimillion dollar partnerships projects executed by IMO in partnership with the UNDP to address the threat of invasive species in ships’ ballast water. The first project was initiated in 2000 and this evolved into a second project – GloBallast Partnerships.
The aims of the projects are to assist developing countries and their maritime industries in implementing international regulations on ballast water management and preventing risks arising from the transfer of harmful aquatic organisms in ships’ ballast water. Both projects have mobilized some $13 million in financial support from the Global Environment Facility (GEF) and leveraged many times this in cash and in-kind co-finance.
IMO is currently working with UNDP and the GEF on developing new comprehensive global partnerships on energy efficiency in the maritime transport sector and marine biodiversity protection.